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Multi-Unit Property with High Rental Potential
Discover an income-generating investment property that ticks all the boxes for smart investors. This property features four units, including two bachelor units, one one-bedroom unit, and a spacious two-bedroom unit with a lounge and kitchen. Situated conveniently below road level, it offers two open parking spaces. Each unit is equipped with its own prepaid electricity and water meters, ensuring efficient utility management for tenants.
Currently occupied and offering a steady rental income, this property is in need of some upgrading, making it a fantastic opportunity to add value and increase returns. Located on a main road in a high-demand area, it enjoys proximity to schools and public transport, enhancing its appeal to tenants. For an investor with a vision, additional units can be built on this property.
Whether you're looking to start or grow your property investment portfolio, this opportunity is not to be missed!
ERF Size 222 m²
Rates R780 per month
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Ravi Maharaj
c. 074 6565 955
ravi.maharaj@rawson.co.za
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